Mentoring and Schooling Decisions: Causal Evidence

2020 ◽  
Author(s):  
Armin Falk ◽  
Fabian Kosse ◽  
Pia Pinger
Keyword(s):  
2012 ◽  
Vol 4 (1) ◽  
pp. 49-84 ◽  
Author(s):  
Kevin M Stange

This paper quantifies the option value arising from sequential schooling decisions made in the presence of uncertainty and learning about academic ability. College attendance has option value since enrolled students have the option, but not obligation, to continue in school after learning their aptitude and tastes. I estimate that option value accounts for 14 percent of the total value of the opportunity to attend college for the average high school graduate and is greatest for moderate-aptitude students. Students' ability to make decisions sequentially in response to new information increases welfare and also makes educational outcomes less polarized by background. (JEL D83, I23)


2009 ◽  
Vol 91 (3) ◽  
pp. 457-477 ◽  
Author(s):  
Rafael Lalive ◽  
M. Alejandra Cattaneo

2018 ◽  
Vol 110 ◽  
pp. 307-323
Author(s):  
Ababacar S. Gueye ◽  
Martine Audibert ◽  
Valérie Delaunay

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